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OneDigital's Managed Account Solution Reaches $1 Billion in Assets Under Management

OneDigital Investment Advisors Reaches Milestone for Personalized Portfolio Solution

Atlanta, GA – July 14, 2021 – OneDigital Investment Advisors “OneDigital,” a registered investment advisor focused on corporate retirement plans and wealth management, today announced that it has reached $1 Billion in assets under management (AUM) in its managed account solution, Personalized Portfolios. The solution provides for a customized individual experience by giving 401(k) participants access to financial advice while accessing expanded investments beyond the core line-up inside of the retirement plan.

Personalized Portfolios provides employee’s access to an easy-to-use technology to help participants optimize their financial independence and align their investment strategy with their unique financial situation, such as recommending better savings rates, tax optimization and investment allocations.

We believe the American worker deserves to have access to professional advice surrounding their financial situation. Employees are asking for it, and offering such services is critical to curbing the negative impacts of financial stress and the lack of retirement readiness in the American workforce.”
 
Vince Morris, President, OneDigital Retirement + Wealth

Today, 401(k)s are the American workers’ primary source of investable assets, and most employees faces unique financial challenges. Historically 401(k) line ups have been more restrictive than those available to individual investors and provided to employees in a “one-size fits all” method.

Providing greater access for employees has always been the number one goal. Leveraging technology has made it easier to understand each participant’s investor profile more holistically using data points collected through payroll feeds and enrollment. This technology increases efficiency, participation and accuracy, ensuring that the American worker, no matter their age or income level, has access to professional advice and a strategy designed specifically for them. Personalized Portfolios is often introduced in conjunction with a financial wellbeing program providing financial mentorship to all employees in a company.

Through its partnerships with ten recordkeepers, OneDigital has implemented Personalized Portfolios in over 450 401(k) plans. This success is credited to strong strategic partnerships, advances in technology and plan advisors and sponsors committed to improving retirement outcomes and financial wellbeing.

About OneDigital

OneDigital is the leading strategic advisory firm in the U.S. and has consistently led from the front as a workplace ally for 20 years. OneDigital’s unique ability to converge health, wealth and human resources into a hub of services and business guidance has empowered companies to create workplaces that attract and retain talent while fueling innovation and company growth. As employee healthcare, wellness and workplace benefits continue to shift, companies of all sizes have relied on OneDigital’s exceptional advisory teams for counsel and its adjacent services, including employee benefits, holistic HR services, employee wellbeing and pharmacy consulting, as well as the retirement and wealth management services provided through OneDigital Investment Advisors. Headquartered in Atlanta, OneDigital's more than 100 offices and 3,000+ business strategists serve the needs of over 85,000 employers across the nation.

OneDigital has been named to the Inc. 5000 List of America’s fastest-growing companies every year since 2007, one of only 11 companies to do so. Currently listed as 18th on Business Insurance’s list of 100 Largest U.S. Brokers, OneDigital’s deep analytic abilities and experienced advisors deliver insights that reduce business risk and improve plan design and performance. For more information, visit www.onedigital.com.

Investment advice offered through OneDigital Investment Advisors, an SEC-registered investment adviser and wholly owned subsidiary of OneDigital. Securities offered through Triad Advisors, LLC (member FINRA/SIPC). OneDigital and OneDigital Investment Advisors are separate entities from Triad Advisors, LLC.

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